logo
logo
Sign in

Factory Automation Sensor Market Growth Drivers, Opportunities and Forecast Analysis to forecast year 2025 (SARS-CoV-2, Covid-19 Analysis)

avatar
Market News-Flash

Factory Automation Sensor Market 

A new market study, titled “Factory Automation Sensor Market ” has been featured on Market Research Future.

According to Market Research Future, the global factory automation sensor market has been segmented based on type, sensor type, applications, and region.

More Information@ https://www.marketresearchfuture.com/reports/factory-automation-sensor-market-8661

The factory automation sensors are used to gather information associated with the overall performance of the systems within the factory premises. These sensors allow the operators to make suitable changes within the machine or systems before their breakdown point, thereby reducing downtime. Moreover, these sensors are used to reduce manual work, which minimizes the overall cost of the process and increases the profitability among the factories. 

In January 2019, Rockwell Automation launched Allen-Bradley 42AF RightSight M30 photoelectric sensor. These sensors are being developed with IO-Link capability, which are being implemented in enterprises by delivering the data directly into the control systems.

The global factory automation sensor market has been segmented based on sensor type, application, and region.

Based on sensor type, the market has been segmented into temperature sensors, proximity sensors, vibration sensors, pressure sensors, humidity sensors, vision sensors, and others. The temperature sensor accounted to have the largest market share in the sensor type segment as these sensors allow the operator to measure the temperature of various machines and systems so as to maintain the functionality of the machines within the facility. The temperature sensors alert the operator when there is a change in the temperature according to the standards, which results in reduced downtime and improved machine conditions. However, the proximity sensor is expected to be the fastest-growing segment during the forecast period due to its application in measuring the distance between the object and sensor without any direct contact. Additionally, these sensors are used in chemical processing, food and beverage, oil & gas, pharmaceuticals, and other industries 

Based on applications, the global factory automation sensor market has been segmented into manufacturing, oil & gas, chemicals, pharmaceuticals, energy & power, automotive, food & beverages, aerospace and defense, and others. The manufacturing industry held the largest market share in the application segment in 2018 and is expected to register a significant CAGR during the forecast period. The increasing automation in factories has increased the usage of various sensors to gather accurate information associated with the production and other facilities within the factory premise.

Key Players

The prominent players in the factory automation sensor market are Rockwell Automation (US),  Honeywell (US), Texas Instruments (US), Panasonic (Japan), STMicroelectronics (Switzerland), First Sensor (Germany), Siemens AG (Germany), Amphenol Corporation (US), Integrated Device Technology (US), Bosch Sensortec (Germany), ABB Limited (Switzerland), Analog Device Inc. (US), General Electric (US), Vishay Intertechnology, Inc. (US), NXP Semiconductors N.V. (Netherlands), Infineon Technologies AG (Germany), and Taiwan Semiconductor Manufacturing Company Limited (Taiwan), among others.

Related Article@ https://www.openpr.com/news/2089959/factory-automation-sensor-market-share-demand-growth-key

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: [email protected]

collect
0
avatar
Market News-Flash
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more